2018 Q2 Form 10-Q Financial Statement
#000114420418044004 Filed on August 13, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 | 2017 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $50.00K | ||
YoY Change | |||
Gross Profit | -$50.00K | ||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.680M | $1.670M | $2.030M |
YoY Change | 0.6% | 263.04% | 680.77% |
% of Gross Profit | |||
Research & Development | $3.557M | $500.0K | $500.0K |
YoY Change | 611.4% | 0.0% | 0.0% |
% of Gross Profit | |||
Depreciation & Amortization | $115.0K | $0.00 | |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $5.240M | $5.665M | $3.306M |
YoY Change | -7.5% | 444.71% | 561.2% |
Operating Profit | -$5.240M | -$5.665M | -$3.306M |
YoY Change | -7.5% | 444.71% | 302.19% |
Interest Expense | $150.0K | $140.0K | $90.00K |
YoY Change | 7.14% | -255.56% | -212.5% |
% of Operating Profit | |||
Other Income/Expense, Net | $147.0K | $136.0K | $88.00K |
YoY Change | 8.09% | -246.24% | -208.64% |
Pretax Income | -$5.090M | -$5.530M | -$3.220M |
YoY Change | -7.96% | 389.38% | 257.78% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$5.093M | -$5.529M | -$3.218M |
YoY Change | -7.89% | 388.0% | 256.37% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$187.9K | -$219.3K | -$127.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 24.98M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 | 2017 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $46.70M | $73.80M | $75.00M |
YoY Change | -36.72% | ||
Cash & Equivalents | $12.24M | $53.79M | $75.01M |
Short-Term Investments | $35.00M | $20.00M | |
Other Short-Term Assets | $1.000M | $0.00 | $0.00 |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $965.0K | $8.000K | $15.00K |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $48.12M | $73.80M | $75.03M |
YoY Change | -34.8% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.536M | ||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $521.0K | ||
YoY Change | |||
Total Long-Term Assets | $7.557M | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $48.12M | $73.80M | $75.03M |
Total Long-Term Assets | $7.557M | $0.00 | $0.00 |
Total Assets | $55.68M | $73.80M | $75.03M |
YoY Change | -24.56% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.700M | $4.500M | $800.0K |
YoY Change | -17.78% | ||
Accrued Expenses | $200.0K | $100.0K | $0.00 |
YoY Change | 100.0% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $100.0K | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.675M | $4.762M | $811.0K |
YoY Change | -22.83% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $400.0K | ||
YoY Change | |||
Total Long-Term Liabilities | $400.0K | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.675M | $4.762M | $811.0K |
Total Long-Term Liabilities | $400.0K | $0.00 | $0.00 |
Total Liabilities | $4.070M | $4.762M | $811.0K |
YoY Change | -14.53% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$59.78M | -$25.87M | -$20.34M |
YoY Change | 131.11% | ||
Common Stock | $111.4M | $94.94M | $94.55M |
YoY Change | 17.32% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $51.61M | $69.07M | $74.21M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $55.68M | $73.84M | $75.03M |
YoY Change | -24.6% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 | 2017 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.093M | -$5.529M | -$3.218M |
YoY Change | -7.89% | 388.0% | 256.37% |
Depreciation, Depletion And Amortization | $115.0K | $0.00 | |
YoY Change | |||
Cash From Operating Activities | -$3.350M | -$970.0K | -$2.036M |
YoY Change | 245.36% | 34.72% | 251.03% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.740M | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $2.010M | -$20.23M | -$380.0K |
YoY Change | -109.94% | ||
Cash From Investing Activities | -$2.740M | -$20.23M | -$375.0K |
YoY Change | -86.46% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 80.00K | -10.00K | $49.92M |
YoY Change | -900.0% | -101.39% | 8507.24% |
NET CHANGE | |||
Cash From Operating Activities | -3.350M | -970.0K | -$2.036M |
Cash From Investing Activities | -2.740M | -20.23M | -$375.0K |
Cash From Financing Activities | 80.00K | -10.00K | $49.92M |
Net Change In Cash | -6.010M | -21.21M | $47.51M |
YoY Change | -71.66% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.350M | -$970.0K | -$2.036M |
Capital Expenditures | -$4.740M | ||
Free Cash Flow | $1.390M | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.47in; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company’s unaudited condensed financial statements include certain amounts that are based on management’s best estimates and judgments. The Company’s significant estimates include, but are not limited to, assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Due to the uncertainty inherent in such estimates actual results could differ from those estimates.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2018Q2 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
35000000 | USD |
CY2017Q4 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
26002000 | USD |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1683000 | USD |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1671000 | USD |
CY2018Q2 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
CY2017Q2 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
50000 | USD | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5671000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
CY2018Q2 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
3557000 | USD |
CY2017Q2 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
2494000 | USD |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
7849000 | USD | |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
3200000 | USD | |
CY2018Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11374000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8747000 | USD | |
CY2018Q2 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
0 | USD |
CY2017Q2 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
1500000 | USD |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
75000 | USD | |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
2075000 | USD | |
CY2018Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
11744000 | USD |
CY2017Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
34975000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3793000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3696000 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
75000 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
2075000 | USD | |
CY2018Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
971000 | USD |
CY2017Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
397000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2966000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
397000 | USD | |
ck0001680048 |
Issuance Of Common Stock Founder Agreement Expenses
IssuanceOfCommonStockFounderAgreementExpenses
|
0 | USD | |
ck0001680048 |
Issuance Of Common Stock Founder Agreement Expenses
IssuanceOfCommonStockFounderAgreementExpenses
|
1232000 | USD | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
5240000 | USD |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
5665000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
11717000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
8971000 | USD | |
CY2018Q2 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
409000 | USD |
CY2017Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
106000 | USD |
CY2018Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
965000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
278000 | USD |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5240000 | USD |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5665000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11667000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8971000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
59832000 | USD |
CY2018Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
us-gaap |
Depreciation
Depreciation
|
122000 | USD | |
us-gaap |
Depreciation
Depreciation
|
0 | USD | |
CY2018Q2 | us-gaap |
Assets Current
AssetsCurrent
|
48118000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
61361000 | USD |
CY2018Q2 | ck0001680048 |
Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
|
5672000 | USD |
CY2017Q4 | ck0001680048 |
Property Plant And Equipment Excluding Assets Under Construction
PropertyPlantAndEquipmentExcludingAssetsUnderConstruction
|
140000 | USD |
CY2018Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
147000 | USD |
CY2017Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
134000 | USD |
us-gaap |
Interest Income Other
InterestIncomeOther
|
293000 | USD | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
224000 | USD | |
ck0001680048 |
Stock Issued During Period Value Issued For Founders Agreement
StockIssuedDuringPeriodValueIssuedForFoundersAgreement
|
0 | USD | |
CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
26263354 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
25236255 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
26263354 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
25236255 | shares |
CY2018Q2 | ck0001680048 |
Construction In Process Net
ConstructionInProcessNet
|
864000 | USD |
CY2017Q4 | ck0001680048 |
Construction In Process Net
ConstructionInProcessNet
|
1241000 | USD |
ck0001680048 |
Potentially Dilutive Securities
PotentiallyDilutiveSecurities
|
7545650 | shares | |
ck0001680048 |
Potentially Dilutive Securities
PotentiallyDilutiveSecurities
|
7035609 | shares | |
CY2018Q2 | us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
0 | USD |
CY2017Q2 | us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
2000 | USD |
us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
0 | USD | |
us-gaap |
Interest Income Related Party
InterestIncomeRelatedParty
|
0 | USD | |
CY2018Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
500000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
500000 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2966000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
957000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
8000 | USD | |
CY2017Q4 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
834756 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
0 | shares |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5093000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5529000 | USD |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
303000 | USD | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
0 | USD | |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
521000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
251000 | USD |
CY2018Q2 | us-gaap |
Assets
Assets
|
55675000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
63493000 | USD |
ck0001680048 |
Share Issued During Period Valueon Exercise Of Warrants
ShareIssuedDuringPeriodValueonExerciseOfWarrants
|
181000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
155000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2295000 | USD | |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5418000 | USD | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.19 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.21 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.43 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.36 | ||
CY2018Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27087918 | shares |
CY2017Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26180351 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26731616 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24301115 | shares | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
50000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
13000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
0 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-413000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-345000 | USD | |
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
0 | USD | |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
51605000 | USD |
CY2018Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3488000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
3474000 | USD |
CY2018Q2 | ck0001680048 |
Payables And Accruedexpenses Related Parties Current
PayablesAndAccruedexpensesRelatedPartiesCurrent
|
187000 | USD |
CY2017Q4 | ck0001680048 |
Payables And Accruedexpenses Related Parties Current
PayablesAndAccruedexpensesRelatedPartiesCurrent
|
137000 | USD |
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
0 | USD | |
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
146000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8921000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3010000 | USD | |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3675000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3611000 | USD |
CY2018Q2 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
395000 | USD |
CY2017Q4 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
50000 | USD |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
4070000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
3661000 | USD |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
35000000 | USD | |
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
20038000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
26002000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD | |
CY2018Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
75000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
575000 | USD | |
CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD | |
CY2018Q2 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
0 | USD |
CY2017Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
9558000 | USD |
CY2018Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
111384000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
98679000 | USD |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
320000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
50234000 | USD | |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-59782000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-48408000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6536000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
27499000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12244000 | USD |
CY2017Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
53790000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1381000 | USD |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
181000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
181000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
49914000 | USD | |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
55675000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
63493000 | USD |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-23231000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
26291000 | USD | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35475000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
413000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
818000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
9558000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
4396000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
3000000 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MUSTANG BIO, INC. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001680048 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
147000 | USD |
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
136000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
293000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
224000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14491000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-20613000 | USD | |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
5000000 | shares |
ck0001680048 |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
0 | USD | |
ck0001680048 |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
1682000 | USD | |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6661000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1383000 | USD |
CY2018Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
125000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2000 | USD |
CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
0 | USD |
CY2018Q2 | us-gaap |
Depreciation
Depreciation
|
115000 | USD |